Russell Investments Group Ltd. raised its stake in LKQ Corporation (NASDAQ:LKQ) by 0.7% during the second quarter, Holdings Channel reports. The fund owned 388,555 shares of the auto parts company’s stock after buying an additional 2,633 shares during the period. Russell Investments Group Ltd.’s holdings in LKQ Corporation were worth $12,806,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of LKQ. Teachers Advisors LLC increased its position in LKQ Corporation by 6.0% in the fourth quarter. Teachers Advisors LLC now owns 376,681 shares of the auto parts company’s stock valued at $11,545,000 after buying an additional 21,483 shares during the last quarter. Gulf International Bank UK Ltd increased its position in LKQ Corporation by 1.8% in the first quarter. Gulf International Bank UK Ltd now owns 90,925 shares of the auto parts company’s stock valued at $2,661,000 after buying an additional 1,600 shares during the last quarter. CrestPoint Capital Management LLC increased its position in LKQ Corporation by 12.7% in the first quarter. CrestPoint Capital Management LLC now owns 11,500 shares of the auto parts company’s stock valued at $337,000 after buying an additional 1,300 shares during the last quarter. First National Bank of Omaha increased its position in LKQ Corporation by 8.4% in the first quarter. First National Bank of Omaha now owns 114,639 shares of the auto parts company’s stock valued at $3,356,000 after buying an additional 8,889 shares during the last quarter. Finally, Capstone Asset Management Co. increased its position in LKQ Corporation by 4.9% in the first quarter. Capstone Asset Management Co. now owns 40,551 shares of the auto parts company’s stock valued at $1,187,000 after buying an additional 1,900 shares during the last quarter. Hedge funds and other institutional investors own 91.81% of the company’s stock.

Shares of LKQ Corporation (NASDAQ LKQ) traded up 0.21% during trading on Friday, reaching $33.82. 1,200,259 shares of the company traded hands. The company’s 50-day moving average price is $33.15 and its 200-day moving average price is $31.44. The company has a market capitalization of $10.45 billion, a P/E ratio of 21.20 and a beta of 0.84. LKQ Corporation has a 52 week low of $27.85 and a 52 week high of $36.35.

LKQ Corporation (NASDAQ:LKQ) last released its earnings results on Thursday, July 27th. The auto parts company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.01. LKQ Corporation had a net margin of 5.31% and a return on equity of 15.74%. The company had revenue of $2.46 billion for the quarter, compared to analysts’ expectations of $2.41 billion. During the same quarter last year, the business earned $0.55 EPS. The firm’s revenue was up 6.7% compared to the same quarter last year. Equities research analysts forecast that LKQ Corporation will post $1.88 EPS for the current fiscal year.

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LKQ has been the subject of several recent research reports. Jefferies Group LLC reiterated a “buy” rating and issued a $37.00 target price on shares of LKQ Corporation in a research note on Thursday, April 27th. FBR & Co reiterated an “outperform” rating and issued a $41.00 target price (up previously from $40.00) on shares of LKQ Corporation in a research note on Friday, April 28th. Zacks Investment Research upgraded shares of LKQ Corporation from a “sell” rating to a “hold” rating in a research note on Monday, May 1st. BidaskClub downgraded shares of LKQ Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, June 14th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $37.00 target price on shares of LKQ Corporation in a research note on Thursday, July 6th. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $39.33.

In other LKQ Corporation news, EVP John S. Quinn sold 8,230 shares of the firm’s stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $33.15, for a total transaction of $272,824.50. Following the sale, the executive vice president now owns 254,726 shares in the company, valued at approximately $8,444,166.90. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Victor M. Casini sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 27th. The stock was sold at an average price of $33.40, for a total transaction of $835,000.00. Following the sale, the vice president now owns 213,884 shares in the company, valued at approximately $7,143,725.60. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 58,230 shares of company stock worth $1,905,125. 1.10% of the stock is owned by company insiders.

LKQ Corporation Company Profile

LKQ Corporation (LKQ) is a distributor of vehicle products, including replacement parts, components and systems used in the repair and maintenance of vehicles, as well as specialty vehicle products and accessories, and automotive glass products. The Company’s segments include Wholesale-North America; Europe; Specialty, and Self Service.

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Institutional Ownership by Quarter for LKQ Corporation (NASDAQ:LKQ)

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